Way out of recession. Factory performers stabilize while Consumer Spending shows that recovery remains on track. Year profits plummet. Cash earnings falling 52 . It includes provisions for customer compensation. Ahead. Omaui lets check in on the markets. A big week indeed. We do have asian stock futures gaining for october with friday a significant day. The start of another trading week, we do have a bunch of asian pmis do today alongside more data from china. And the offshore yuan will be below 670 after a fivemonth game. Focus with as a and alibaba. Waiting on a big milestone this week. The hong kong dollar on friday following the most since june after its close. Amid this frenzy q÷d it has been fraught with twists. None of it seems to have altered the course set month ago as joe biden continin handful of states. Pennsylvania is a huge one but everyone has been talking about ohio and the upper midwest. As well as georgia and North Carolina that have traditionally been republican. It
Services. Westpacs full year profits plunge after fines for Money Laundering. Cash earnings falls. One of those stocks where watching going into the sydney open. Lets look at the market open. Sophie . Expecting some moves this monday. The biggest weekly drop since september 25 as investors adjust the some of the risk ahead. We did have the worst week for aussie stocks since april. Adding 0. 1 . We have amp shares gaining trillionter the this wealth manager said that a preliminary takeover approach of every management values the company at 4. 5 billion. Westpac has results out this morning. Later this week we get results upm alibaba which ticked single day sales early on sunday. The ipo is a big event we are watching this week. We are expecting a big pop here on thursday given the massive appetite we have seen for the offering. Friday had the biggest drop since june. Of a private survey of chinese manufacturing data. To focus more on the u. N. , lets pull up on the chart on the terminal
For having the on. Theres five of us that are commissioners of the fcc. We serve staggered terms of every year one member of the commission is up for renomination and confirmation by the senate and the process continues a respective of the outcome of the election. For instance, my term runs through 2023 and i can hold over for a longer time potentially and im going to continue to serve regardless of the outcome of the election. Host and with Michael Orielly not being we nominated by the president , if there were a change in administration, you and commissioner pai would be the republican, correct . Guest yes. Michael orielly has her longtime both on capitol hill and at the fcc and his term expired a year and half ago and we are allowed to stay on until the end of this congress when were in that situation whether it is any one of us commissioners. Commissioner of violence term come to an end and commissioner pai, chairman pai and myself can continue to serve. Host now to the policies. I
Madam secretary, please call the roll. [roll call] clerk madam chair and carrs, you have a quorum directors, you have a quorum. Because we are on soundproducing electronic devices, we will not make this usual presentation. Item 4, discussion whether to invoke the attorneyclient privilege and conduct a closed privilege. Madam chair, it would be appropriate at this time to open the Public Comment line for Public Comment only on the invoking the attorneyclient privilege. Great. Are there members of the public who would like to speak on us going into closed session. Moderator, please let us know. Clerk all right. And for members of the public, the phone number, if you are listening via sfgovtv call 8888086929. The code is 9961164. In order to join the queue for Public Comment, you must press one, zero. Well just pause for a moment to wait for anyone who wishes to address the board only about going into the closed session for matters in the closed session to do so. Great. We cant hear opera
This hearing will come to order. Thank you all for being here, good morning. Today the committee can means to discuss the status of the National Rail network in the country is 140,000 miles of freight rail in class one railroads over 600 freight railroads and thousands of Companies Using braille to ship products and raw materials, we also have an intercity passenger real service amtrak operating on 22000 miles of the same network including over 500 stations. Todays first panel of witnesses will feature mr. William flynn ceo of amtrak and the executive director of the Development Corporation in Montana Development association who will testify remotely. Todays second panel will include mr. Frank Vice President Global Supply chain on behalf of of the council testifying remotely, mr. Randy, the president and ceo of the association, the chairman and National Council testifying remotely in the association of American Railroad and mr. Dennis pierce, president teamsters real conference testify